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Karnataka plans to revive KHDC and Caurvery Handlooms

Related Keywords: Caurvery Handlooms, focal point of market linkages, handloom cooperative societies, initiative will benefit handloom weavers, Karnataka government, Malakamuru silk sarees and Udupi cotton sarees, offer rebate, plans to market Ilkal sarees, plans to revive the State-owned KHDC, transform the handloom industry into an organized profession

The Karnataka government plans to revive the State-owned Karnataka Handloom Development Corporation (KHDC) and Caurvery Handlooms and transform the handloom industry into an organized profession. As KHDC and Caurvery Handlooms will be the focal point of market linkages.

Karnataka Commissioner for Textile Development R Raju said that this initiative will benefit 80,000 handloom weavers and 600 handloom cooperative societies. Currently, there are 227 cotton, 88 silk and more than 50 woollen co-operative societies operating in the State which make numerous products.

Karnataka looking for over Rs2.5 lakh cr from global investors meet

Related Keywords: arriving with huge delegation, attract investment, begin on Feburary, Chief Minister Siddaramaiah, created land bank, includes textiles, Karnataka government, mobilize investments in investible projects, seven partner nations, thriving eco system for investment, upcoming global investors meet

The Karnataka government is looking to attract twice the Rs 1.30 lakh crore investment it has wooed in the last two years at the upcoming global investors meet which will begin on Febuary3, 2016. Chief Minister Siddaramaiah said that with a thriving eco-system for investment the state's expectations were "realistic". Several mega investment projects would be announced at the meet. The government hopes to mobilize investments in 116 investible projects identified already.

Himatsingka gets clearance from Karnataka govt of its Rs1,325 investment proposal

Related Keywords: Austin, Bengaluru based home textile major, cleared five investment proposal, Himatsingka Siede, home textile manufacturer, in diverse sectors, investment proposal cleared, job creation potential, Karnataka government, particiapate at international conference and business fair, team of women entrepreneurs, US

The Karnataka government on Wednesday cleared five investment proposals worth Rs.2,050 crore in diverse sectors with job creation potential for 3,532 people. The State Government will also be sending a team of 20 women entrepreneurs from Karnataka to participate in the three-day international conference and business fair at Austin, US from June 23. Additional chief secretary K Ratna Prabha will be leading the delegation.

One of the proposals cleared is Himatsingka Siede, a Bengaluru based home textile major proposal to invest 1,325 crore in Hassan to manufacture bed linen.

Karnataka govt to sign MoU with Germany to whet the skills of ITI students

Related Keywords: biometric admission, focus on developing skills, German governement, Industrial training institutes, ITI, Karnataka government, multi disciplinary skills, online admission, skill development centres, to train students

The Karnataka government is focusing on giving top priority to developing skills of the youth to ensure that they do not remain unemployed after passing out from Industrial Training Institutes (ITI) for which they will sign a memorandum of understanding (MoU) with the German government to train students of ITIs and develop their multi-disciplinary skills.

P.T. Parmeshwar Naik, Minister of State for Labour informed that the first round of talks was over and the second round between the authorities would commence soon to finalize the details.

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